Zip Code: 56444 (Deerwood, Minnesota) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 56444 Zip Code (Deerwood, Minnesota) in January 2026 was $402,967.245. The month over month percentage change (MoM) was 0.18%, and the year over year percentage change (YoY) was -0.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56444 zip code (Deerwood, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56444 zip code (Deerwood, Minnesota).

You can see similar information for other Minnesota zip codes, and for Minnesota.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 56444 (Deerwood, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56444 (Deerwood, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 240193.74885330626 0.73 0.44
Feb 2015 243569.0693645333 1.41 1.43
Mar 2015 247470.85170119826 1.60 2.70
Apr 2015 250411.92176430722 1.19 4.30
May 2015 254177.98230726263 1.50 6.54
Jun 2015 256557.41363972818 0.94 8.18
Jul 2015 259113.89699663818 1.00 9.00
Aug 2015 260365.48853734427 0.48 9.37
Sep 2015 262754.46900218684 0.92 10.35
Oct 2015 265479.7565596131 1.04 11.45
Nov 2015 266960.402347692 0.56 12.35
Dec 2015 267998.2044292938 0.39 12.40
Jan 2016 268306.8645585231 0.12 11.70
Feb 2016 267218.8713908057 -0.41 9.71
Mar 2016 263884.2257856507 -1.25 6.63
Apr 2016 260740.8401954307 -1.19 4.13
May 2016 259423.73294274556 -0.50 2.06
Jun 2016 258938.67264010975 -0.19 0.93
Jul 2016 258160.2853213752 -0.30 -0.37
Aug 2016 257457.9007834358 -0.27 -1.12
Sep 2016 257246.94467429034 -0.08 -2.10
Oct 2016 257795.60504931372 0.21 -2.89
Nov 2016 258727.18135780076 0.36 -3.08
Dec 2016 259158.41306209436 0.17 -3.30
Jan 2017 258297.81113718965 -0.33 -3.73
Feb 2017 255412.89995740054 -1.12 -4.42
Mar 2017 252119.33825998296 -1.29 -4.46
Apr 2017 250672.02199925436 -0.57 -3.86
May 2017 250111.09893586757 -0.22 -3.59
Jun 2017 250164.05281675525 0.02 -3.39
Jul 2017 250781.64977619657 0.25 -2.86
Aug 2017 251091.30918032365 0.12 -2.47
Sep 2017 252191.788542136 0.44 -1.96
Oct 2017 252227.08973656714 0.01 -2.16
Nov 2017 253351.34638070987 0.45 -2.08
Dec 2017 253143.3626473671 -0.08 -2.32
Jan 2018 251285.0800706617 -0.73 -2.71
Feb 2018 249654.74656753172 -0.65 -2.25
Mar 2018 249301.20637970898 -0.14 -1.12
Apr 2018 251523.94999947213 0.89 0.34
May 2018 254853.88993966416 1.32 1.90
Jun 2018 257121.66790908916 0.89 2.78
Jul 2018 257472.82472879786 0.14 2.67
Aug 2018 256746.1302101958 -0.28 2.25
Sep 2018 256722.50504490008 -0.01 1.80
Oct 2018 258028.43341525597 0.51 2.30
Nov 2018 260054.91177500613 0.79 2.65
Dec 2018 262036.9569552009 0.76 3.51
Jan 2019 265356.65274378035 1.27 5.60
Feb 2019 267119.33392167004 0.66 7.00
Mar 2019 268792.4727602709 0.63 7.82
Apr 2019 268957.70738446055 0.06 6.93
May 2019 267720.1033895443 -0.46 5.05
Jun 2019 267069.25662576285 -0.24 3.87
Jul 2019 266131.94578175637 -0.35 3.36
Aug 2019 266619.77030282794 0.18 3.85
Sep 2019 266354.77649871336 -0.10 3.75
Oct 2019 266533.4984217386 0.07 3.30
Nov 2019 267654.3084358594 0.42 2.92
Dec 2019 269507.68083396304 0.69 2.85
Jan 2020 270846.9761079392 0.50 2.07
Feb 2020 271360.7790937581 0.19 1.59
Mar 2020 271032.31684832455 -0.12 0.83
Apr 2020 270984.3110178897 -0.02 0.75
May 2020 271918.4361251687 0.35 1.57
Jun 2020 273775.05859704106 0.68 2.51
Jul 2020 274528.70818329137 0.28 3.16
Aug 2020 275485.4109242868 0.35 3.33
Sep 2020 277061.49372346414 0.57 4.02
Oct 2020 280979.8495957451 1.41 5.42
Nov 2020 284354.5115826523 1.20 6.24
Dec 2020 286765.4944897154 0.85 6.40
Jan 2021 289333.4137496999 0.90 6.83
Feb 2021 292823.5529908841 1.21 7.91
Mar 2021 296420.22055479715 1.23 9.37
Apr 2021 300512.9299133184 1.38 10.90
May 2021 306958.21841142647 2.15 12.89
Jun 2021 315345.83724309 2.73 15.18
Jul 2021 321910.2268397471 2.08 17.26
Aug 2021 325242.59296068625 1.03 18.06
Sep 2021 326043.90176927 0.25 17.68
Oct 2021 327469.2544493286 0.44 16.55
Nov 2021 330470.82764437137 0.92 16.22
Dec 2021 334554.59332234436 1.24 16.67
Jan 2022 340851.9576837031 1.88 17.81
Feb 2022 348149.15104908816 2.14 18.89
Mar 2022 357010.42968709796 2.55 20.44
Apr 2022 364905.7172786317 2.21 21.43
May 2022 371934.0524343862 1.93 21.17
Jun 2022 378306.278089028 1.71 19.97
Jul 2022 382255.96301001107 1.04 18.75
Aug 2022 384608.4938349458 0.62 18.25
Sep 2022 384485.8042044839 -0.03 17.93
Oct 2022 385675.6743041734 0.31 17.77
Nov 2022 386244.4272089354 0.15 16.88
Dec 2022 386290.2716766949 0.01 15.46
Jan 2023 385287.8726064903 -0.26 13.04
Feb 2023 384453.5798247734 -0.22 10.43
Mar 2023 385570.2566536409 0.29 8.00
Apr 2023 388765.3280580785 0.83 6.54
May 2023 393896.12751496135 1.32 5.91
Jun 2023 399110.38525497733 1.32 5.50
Jul 2023 402979.7074667754 0.97 5.42
Aug 2023 404850.1834522667 0.46 5.26
Sep 2023 405259.3639300748 0.10 5.40
Oct 2023 403297.8742483282 -0.48 4.57
Nov 2023 400881.78614644025 -0.60 3.79
Dec 2023 398250.0722567528 -0.66 3.10
Jan 2024 396211.15533479204 -0.51 2.84
Feb 2024 395376.2506686439 -0.21 2.84
Mar 2024 397025.4416248106 0.42 2.97
Apr 2024 399508.8943949438 0.63 2.76
May 2024 401754.08903779974 0.56 2.00
Jun 2024 402161.8220740766 0.10 0.77
Jul 2024 403340.7372386668 0.29 0.09
Aug 2024 404916.72596333246 0.39 0.02
Sep 2024 407171.9901710267 0.56 0.47
Oct 2024 408173.60922724946 0.25 1.21
Nov 2024 407326.75137666287 -0.21 1.61
Dec 2024 406289.3663782435 -0.25 2.02
Jan 2025 405485.19228065386 -0.20 2.34
Feb 2025 405972.00700003514 0.12 2.68
Mar 2025 405840.5457507949 -0.03 2.22
Apr 2025 405660.97767070605 -0.04 1.54
May 2025 405426.5124417571 -0.06 0.91
Jun 2025 404335.58718290785 -0.27 0.54
Jul 2025 403320.0541263393 -0.25 0.00
Aug 2025 402147.68222315336 -0.29 -0.68
Sep 2025 402449.3912274342 0.08 -1.16
Oct 2025 402736.00295191095 0.07 -1.33
Nov 2025 402611.10648508306 -0.03 -1.16
Dec 2025 402227.425864197 -0.09 -1.00
Jan 2026 402967.24458461156 0.18 -0.62